28-6-31. Payments to be remitted to department for credit to health care trust fund.
Each publicly owned and operated nursing facility participating under the provisions of §§28-6-28 to 28-6-36, inclusive, immediately upon receiving a payment under §28-6-30, shall remit the amount of that payment, less a transaction fee, to the department for credit to:
(1)The health care trust fund as provided in S.D. Const., Art. XII, §5 in an amount equal to the applicable federal medical assistance percentage times the total remittance to the department, less the transaction fee; and
(2)The department's other funds for all remaining amounts.
Source: SL 2000, ch 132, §4; SL 2001, ch 152, §1.